Issue of Equity

Crescent Hydropolis Resorts PLC
26 March 2008


                        CRESCENT HYDROPOLIS RESORTS PLC

                                  ANNOUNCEMENT


                          New Equity and Options Issue


The Directors of Crescent Hydropolis Resorts PLC (the Company) announce that the
Company has today placed 13,500,000 ordinary shares (Ordinary Shares) with two
German investors and one British investor at €0.03 (2.3p) per Ordinary Share to
raise €391,500 net to the Company.


Application has been made for 7,000,000 Ordinary Shares to be admitted to
trading on AIM, and trading is expected to commence on 1 April 2008. Application
for the balance of 6,500,000 Ordinary Shares is expected to be lodged on 28
March 2008.


The Company further announces that it has issued options for Ordinary Shares
(Options) to investors of the Company to purchase up to an additional 13,500,000
Ordinary Shares at €0.05 (4p), raising an additional €13,500 net to the Company
upon issuance in the form of advance premium payments. When fully exercised, the
Options will raise an additional €661,500 net to the Company. The Options may be
exercised at a time not earlier than 1 June 2008 and not later than 31 December
2010.


The net amount of cash raised today by way of share placements and Options
issuance is €405,000.


The Company has also today issued and allotted 4,945,000 Ordinary Shares to four
individuals and one company at €0.10 (8p) per Ordinary Share to reduce current
outstanding liabilities owed by the Company by €494,500. The Company further
completed payment of commission obligations totalling €112,500 for capital
raised in previous rounds of private placements by issuing and allotting 937,500
Ordinary Shares to six individuals at €0.12 (9.6p) per Ordinary Share.


In sum total, application has been made for 12,882,500 Ordinary Shares to be
admitted to trading on AIM, and trading is expected to commence on 1 April 2008.



                            Changes to Shareholdings


The Company announces that Mr Joachim Hauser, recently retired executive
chairman, has reduced his holdings in the Company to 1,000,000 Ordinary Shares,
which, at less than 3% of the Company's outstanding shares, is no longer
disclosable. Effective today, Mr Hauser has transferred 15,617,849 Ordinary
Shares under holdings held previously by him to seven other Poseidon Investors
none of whose holdings when aggregated together represent more than 3% of the
Company's shares, and in none of which Mr Hauser has any further interests.


The Company announces further that on 25 March 2008, at the close of business,
Mr Klaus Foerster, acting as trustee for Neptune Investors, transferred
8,284,260 Ordinary Shares to ten (10) shareholders, none of whom when aggregated
with previous holdings, own more than 3% of the Company's shares. As a result of
these transfers, Mr Foerster acting as trustee for Poseidon and Neptune
Investors now holds 18,412,572 Ordinary Shares of the Company, representing
18.10% of Company's total outstanding shares.


Mr Foerster also announces that effective today he is no longer acting as
trustee for Apollo Investors, and that this duty has been taken over by Mr
Nicholas J. Aynilian for the Apollo Investors.


As a result of the issue of equities and transfer of shares, the following
shareholdings amounting to 3% or more of the ordinary share capital of the
Company are shown in the Table below.



Investor Name          No. of Ordinary Shares          % of Share Capital
Poseidon Investors                        16,617,849                     17.44%
Manfred Buettner                           9,367,708                      9.83%
Alfred Wuttke                              8,606,667                      9.03%
Apollo Investors                           7,575,000                      7.44%
Suhail al Dhaheri                          3,525,000                      3.70%



                              Issued Share Capital


As a result of the equity issues announced by the Company today, the Company's
issued share capital is 95,266,131.


                            Proposed Change of Name


The Board of Directors will propose, at the Company's next annual general
meeting, that the Company's name is changed from Crescent Hydropolis Resorts PLC
to Hydropolis PLC.



                         Change of Corporate Secretary


The Company announces that effective 1 April 2008 Devonshire Corporate Services
Limited has resigned as Corporate Secretary to the Company and that IFG
International has assumed the duties of Corporate Secretary effective on the
same date.



For further information contact:-

Uwe Hohmann

Chief Executive

[phone]

[e-mail]


Richard Swindells/Natasha Reed

Nabarro Wells

020 7710 7400




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